Independent Bank Group (IBTX)
(Delayed Data from NSDQ)
$53.50 USD
-2.22 (-3.98%)
Updated Aug 2, 2024 04:00 PM ET
After-Market: $53.46 -0.04 (-0.07%) 7:58 PM ET
3-Hold of 5 3
D Value F Growth A Momentum D VGM
Independent Bank Group (IBTX) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$55.50 | $66.00 | $46.00 | -0.39% |
Price Target
Based on short-term price targets offered by six analysts, the average price target for Independent Bank Group comes to $55.50. The forecasts range from a low of $46.00 to a high of $66.00. The average price target represents a decline of 0.39% from the last closing price of $55.72.
Analyst Price Targets (6 )
Broker Rating
Independent Bank Group currently has an average brokerage recommendation (ABR) of 2.43 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by seven brokerage firms. The current ABR compares to an ABR of 2.43 a month ago based on seven recommendations.
Of the seven recommendations deriving the current ABR, one is Strong Buy and two are Buy. Strong Buy and Buy respectively account for 14.29% and 28.57% of all recommendations. A month ago, Strong Buy made up 14.29%, while Buy represented 28.57%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/IBTX.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 2 | 2 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 4 | 4 | 4 | 3 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 1 |
ABR | 2.43 | 2.43 | 2.43 | 2.14 | 2.43 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
7/29/2024 | Keefe Bruyette & Woods | Catherine S Mealor | Moderate Buy | Moderate Buy |
6/18/2024 | Stephens | Matthew C Olney | Strong Buy | Hold |
5/31/2024 | Piper Sandler | Stephen Scouten | Strong Buy | Strong Buy |
5/29/2024 | Truist Securities | Brandon T King | Hold | Hold |
4/24/2024 | Hovde Group | Brett Rabatin | Hold | Hold |
4/23/2024 | Janney Montgomery Scott | John Rodis | Hold | Hold |
1/24/2024 | Raymond James | Michael E Rose | Moderate Buy | Moderate Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.43 |
ABR (Last week) | 2.43 |
# of Recs in ABR | 7 |
Average Target Price | $55.50 |
LT Growth Rate | NA |
Industry | Banks - Southeast |
Industry Rank by ABR | 32 of 253 |
Current Quarter EPS Est: | 0.71 |